Candle Power Pro
Unlock the power of real volume information with the Candle Power Pro indicator. This dynamic tool captures the actual volume data for each candle and presents it as a percentage of the total volume. By doing so, it empowers you to discern the ongoing struggle between buyers and sellers in the market.
The Candle Power Pro displays the battle between buyers and sellers as a percentage of the total volume, giving you valuable insights into market dynamics. You can easily confirm breakouts by analyzing the volume of buyers and sellers, ensuring more accurate entry and exit points. Additionally, you can utilize the volume of buyers and sellers to confirm trends, increasing the reliability of your trading strategy. Moreover, you can identify trend reversals by analyzing changes in the volume of buyers and sellers, allowing you to stay ahead of market shifts.
The indicator offers a range of features to enhance your trading experience. You can draw volume averages as lines for easy visualization and compare volume percentages with 19 other symbols for further analysis. The Candle Power Pro also employs colored candles based on volume percentage, enabling quick identification of market shifts. Mobile and popup alerts keep you informed of important market movements, while easy access to account information ensures quick reference.
By incorporating real volume information into your trading strategy, you gain valuable insights and improve your decision-making process. Don't miss out on this affordable and essential tool for any serious forex trader. Take advantage of the Candle Power Pro now and start trading smarter.
- Button Parameters - Activate/ Deactivate volume related features and customization ( Battle, Volumes, Average, Compare, Graph, Chart).
- Battle Button Parameters
- Bull/Bear Percentage Hit Level - Volume percentage level for alert.
- Volumes Button Parameters
- Volume Hit - Activate/ Deactivate volume hit arrow.
- Volume Hit Level - Volume level for arrow.
- Average Button Parameters
- Volume Period - Averaging period for calculation.
- Compare Button Parameters
- Symbol List
- Symbol 0-18 - List of symbols (EUR/USD = EURUSD etc...).
- Chart Button Parameters
- Range 1-5 - Percentage ranges for candle colors (90%-100% = Red color etc...)
- Alert Parameters - Customize alerts for specific conditions.
- Graphic Parameters - Customize visual appearance and colors.
- Common Parameters - Configure general indicator settings.